Page 81 - Daniel Mccarthy News Today

So many star moments – Christone Kingfish Ingram, Dadi Freyr, Kawala – but Nile Rodgers & Chic sparked us to groove with no limits!

The S&P 500 has shrugged off recession concerns as optimism on the Fed changing tack has boosted the index despite a deteriorating fundamental backdrop.

The Australian Dollar went lower immediately after the RBA raised the cash rate target by 0.50% to 1.85%, as anticipated but the statement was interpreted as less hawkish.

The US Dollar has continued to pullback as Treasury Yields have continued to fall, setting up reversal scenarios in USD/JPY.

The Japanese Yen has strengthened against the US Dollar and the Swiss Franc but is yet to recover levels seen in June. Will the uptrend in USD/JPY and CHF/JPY resume?

Crude oil is softer today after Chinese activity data missed forecasts ahead of this week’s OPEC+ meeting. Will an equity market rally push the Fed to a more hawkish stance?

The Australian Dollar rollicked through the week, with CPI coming in high but below expectations before the Fed and US GDP decimated the US Dollar, lifting AUD/USD.

The bands front-members told us why they love Scottish crowds and how they found their first performance at the festival.

The Euro has failed to capitalise on a sliding US Dollar after a Fed rate hike and soft US GDP figures saw USD/JPY make a six-week low. Will EUR/USD rally?

The US Dollar gave up ground today as the Federal Reserve changed tack on future rate move indications, which was interpreted as less hawkish by the market.